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Saudi Cable Co to Continue Financial Restructuring After Court Rejects Termination Request

MT Newswires·12/11/2025 10:05:50
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10:05 AM EST, 12/11/2025 (MT Newswires) -- Saudi Cable Co (SASE:2110) said Thursday its financial restructuring process will continue after the Fourth Circuit of the Commercial Court in Jeddah rejected its request to terminate the procedure. The energy and telecommunications cable company noted that any interested party may file an objection within 14 days from the decision date based on the Bankruptcy Law. Saudi Cable Co will disclose any financial impact later, if applicable.